Insurance Industry: ‘Higher Premiums’

After President Obama unilaterally changed his health care law on Thursday, the insurance industry issued a warning.

“Changing the rules after health plans have already met the requirements of the law could destabilize the market and result in higher premiums for consumers,” said Karen Ignagni, president and CEO of America’s Health Insurance Plans –

Here’s Ignagni’s full statement:

Making sure consumers have secure, affordable coverage is health plans’ top priority. The only reason consumers are getting notices about their current coverage changing is because the ACA requires all policies to cover a broad range of benefits that go beyond what many people choose to purchase today.

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